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20130113
20130121
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KPIX (CBS) 1
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CBS
Jan 13, 2013 8:30am PST
to add the 14th amendment to have the president do something to avert this curious problem with the debt ceiling. they don't agree with either of those two approaches because those two approaches have a role for the president and they say the president has no role here. it's all congress dealing with bills they've already i mean spending they've already done. that's the difference in posture. >> schieffer: do you think that the big fight is going to be over whether to raise the debt celling or over the so quealdso-called scwels if you sequester and that is to avoid these cuts in the program. >> there's a big fight among republicans about this because the debt celling is more powerful because the pain is if we blow the debt ceiling is real. for some republicans because the pain is so big -- >> schieffer: what would be the impact on the defense department, rajiv, if the cuts goes into effect. >> it takes us back to level of defense spending we had back in 2006 and 07. it's far more than we're spending in 2001. yes, there will be jobs furloughed, there will be weapons system but we won't
Search Results 0 to 0 of about 1